The Bonddad Blog

   - by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. There were no big changes this week, but what continues to st...

    - by New Deal democrat  The housing market, for all of its economic importance, tends to move as slow as molasses. This is especially t...

   - by New Deal democrat Initial jobless claims have been plagued by apparent unresolved seasonality in the past several years, post-pandem...

   - by New Deal democrat Let’s take a look at the “real” purchasing power of average working and middle class Americans. The July jobs repo...

   - by New Deal democrat The post pandemic period has been an exception to many past relationships. This morning’s data on housing constru...

   - by New Deal democrat Forecasting has always been hard, and moreso since the supply chain issues of 2021-22 made reading the interest ra...

   - by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. This week I quantified the difference between commodity prices...

   - by New Deal democrat Industrial production is much less central to the US economic picture than it was before the “China shock,” since ...

    - by New Deal democrat As per usual, retail sales are one of my favorite economic indicators, because in the past they have told us a lo...

   - by New Deal democrat  Normally I don’t pay too much attention to producer prices, but occasionally they are very important - and today...

   - by New Deal democrat  Obviously this morning’s PPI number was the most important report of the day. I want to get to that later, but f...

   - by New Deal democrat In my note yesterday about the July CPI, I noted the transition from the trend where overall inflation ex-shelter ...

   - by New Deal democrat The story of this month’s CPI report is summed up in the first few graphs below: the shelter portion of the index ...